After the launch of cross-border Rmb loans in Qianhai in early 2013, companies registered in Qianhai are now able to obtain Rmb funds from banks in Hong Kong. Qianhai is studying the possibility of allowing mainland funds to invest abroad through Qianhai and hopes to see more two-way Rmb flows. Hong Kong banks are also vying to play a bigger role in cross-border Rmb business.
China’s e-tailing transaction value had reached Rmb1,850 billion in 2013. The Ministry of Commerce forecasts that e-tailing transaction value will exceed Rmb3,000 billion in 2015. The online consumption market can be divided into C2C and B2C. Many retailers that are running their business with physical stores on the mainland have set up online shops in a B2C format.
With the Regulations for the Administration of Commercial Franchise regulations coming into play, Hong Kong franchisers have a clearer route on the Chinese mainland. But they’re advised to sharpen up information for franchisees and watch contractual requirements.